Multiple Companies Announce Layoffs in 2026 Including Amazon, Meta, and Nike

Multiple companies across various industries have announced layoffs in 2026, according to Business Insider. These job cuts come amid broader economic shifts, including the adoption of artificial intelligence. A World Economic Forum survey from last year indicated that 41% of companies worldwide expected to reduce workforces over the next five years due to AI advancements.

More than 100 companies, including Amazon, Nike, and Verizon, have filed legally mandated WARN notices about upcoming job cuts in 2026, as tracked by WARN Tracker.

GoPro announced it is cutting 23% of its staff. eBay plans to eliminate about 800 jobs globally, representing 6% of its workforce. Expedia confirmed layoffs of some employees on January 26, while also posting new job openings. Meta announced cuts as part of broader cost-cutting efforts, while ramping up spending on AI infrastructure and talent.

As of January 31, 2026, Meta had 97,000 employees, down 11,000 from the same time last year. Oracle began laying off employees on March 31. An internal message stated that the decision followed careful consideration of current business needs and involved broader organizational changes.

Pinterest announced a global restructuring plan affecting less than 15% of its workforce, according to a January securities filing. The company stated it made the difficult decision to say goodbye to some team members as a result. T-Mobile cut some staff in early 2026, though the exact scope remains unclear.

Nike announced it would reduce its workforce by about 1,400 roles, or 2%, according to a WARN notice. Chief Operating Officer Venkatesh Alagirisamy stated in an April 23 memo that the layoffs are tied to the company's turnaround plan, focusing on improving culture, product, marketing, marketplace strategy, and in-person retail.

This marks Nike's second layoff in 2026. The cuts will start in the second quarter and be largely completed by the end of 2026. Consumer healthcare brand Kenvue, producer of Tylenol, plans to cut 3.5% of its staff. Target confirmed in February that it would cut 100 district office roles and 400 supply chain positions.

Angi stated in a January 7 SEC filing that its cuts would save between $70 million and $80 million in annual spending.

Several company leaders highlighted the role of AI in these decisions. Cannon-Brookes stated that people and AI create the best outcomes, but AI changes the mix of skills needed and the number of roles in certain areas. Armstrong said the changes would mean fewer layers and faster decisions in the company.

Marszalek wrote in a post on X that companies pairing the best AI tools with top performers will achieve unprecedented scale and precision. CEO Zubin Appoo stated during a February 25 conference call that AI enables more productivity in less time and from fewer employees, declaring the era of manually writing code as the core act of engineering over.

Workday announced a larger round of layoffs about a year ago to invest more in strategic areas such as AI.